Principal Real Estate Income Fund (NYSE:PGZ) Plans Dividend of $0.11

Principal Real Estate Income Fund (NYSE:PGZ) announced a dividend on Tuesday, June 10th, investing.com reports. Stockholders of record on Monday, June 16th will be paid a dividend of 0.105 per share on Monday, June 30th. This represents a dividend yield of 11.98%. The ex-dividend date of this dividend is Friday, June 13th.

Principal Real Estate Income Fund Price Performance

NYSE PGZ traded up $0.03 during trading hours on Wednesday, hitting $10.57. 7,145 shares of the company were exchanged, compared to its average volume of 28,487. Principal Real Estate Income Fund has a 52-week low of $9.24 and a 52-week high of $11.31. The company has a 50 day moving average of $10.21 and a two-hundred day moving average of $10.30.

About Principal Real Estate Income Fund

Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.